Retail investors start to join stock market rally, data shows

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Data compiled by Vanda Research shows retail investors bought $1.48 billion in U.S.-listed stocks — a three-month high.

The S & P 500 is up more than 6% over the past three months, and retail investors are finally getting in on the action. Data compiled by Vanda Research shows retail investors recently bought $1.48 billion in U.S.-listed stocks — a three-month high. The S & P 500 fell 0.6% on Wednesday ahead of a key House vote on a deal that would raise the U.S. debt ceiling.

We believe there's a growing chance they will." Iachini added that the macro outlook for stocks is improving as a tech rally driven by excitement over artificial intelligence broadens, uncertainty around the U.S. debt ceiling subsides and new data showing the economy is resilient.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What are retail shrink and organized retail theft, and why do companies keep talking about them?Shrink, retail theft and organized retail theft are often cited by retailers as a reason for lower profits, but the terms are distinctly different.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market today: Wall Street futures point higher on debt deal, but some tremors in retailGlobal benchmarks were mostly higher Thursday after the United States House of Representatives approved a debt ceiling and budget cuts package, avoiding a default crisis.
Source: wjxt4 - 🏆 246. / 63 Read more »